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Print + Digital Ep J2 Friday January 17, 2020 • Theedge Financial Daily News a Pullout Every Friday With A PULLOUT EVERY FRIDAY WITH FRIDAY, JANUARY 17, 2020 . ISSUE 3048/2020 . PP19055/06/2016(034530) PRINT + DIGITAL EP J2 FRIDAY JANUARY 17, 2020 • THEEDGE FINANCIAL DAILY NEWS A PULLOUT EVERY FRIDAY WITH FRIDAY, JANUARY 17, 2020 . ISSUE 3048/2020 . PP19055/06/2016(034530) PRINT + DIGITAL TEP 04 All it might take to own a NEWS property is some discipline Pesat Bumi to build up your savings. Get in JV to build Geo Antharas at some tips on Pages 8 to 10. mid-hill Genting Prepare for the worst in the Metal Rat year TEP FEATURE11 TEP 14 HOME IDEAS Spring-cleaning CAN’T — how to fight that feeling and declutter AFFORD available online + offline Missed our past issues? Click or tap here to visit our ASubscribe HOME? digital archive! Really? to pullout www.EdgeProp.my for FREE! EP 2 FRIDAY JANUARY 17, 2020 • THEEDGE FINANCIAL DAILY NEWS HIGHLIGHTS from www.EdgeProp.my Penang to build 180,000 affordable BSP21 enters the Malaysia Book of Records housing units by 2030 With a total of 103 facilities, LBS The Penang government targets Bina Group Bhd’s BSP21 project has to build 180,000 aff ordable hous- entered the Malaysia Book of Re- ing units by 2030, state Housing, cords for the “Most Number of Facil- Local Government, and Town and ities in Residential Development” in Country Planning committee chair- the country. man Jagdeep Singh Deo recently Located on a 21-acre plot in disclosed. Bandar Saujana Putra, Selangor, “According to the latest update BSP21 comprises 2,602 serviced from end of last year, Penang cur- apartments that sit on top of three rently has a total of 102,335 af- podiums, which are connected via fordable housing units that have sky bridges and green spaces. tainable homes with the community Ahya, Menteri Besar Incorporat- been [either] completely built, are The fully completed leasehold at heart,” said LBS group managing ed chief operating offi cer Soff an The Edge Property Sdn Bhd (1091814-P) undergoing construction in various project comes with 103 facilities and director Tan Sri Lim Hock San in his Affendi Amirudin, Permodalan Level 3, Menara KLK, stages or pending approval,” he amenities across eight acres of space speech at a certifi cate presentation Negeri Selangor Bhd chief fi nan- No. 1 Jalan PJU 7/6, Mutiara Damansara, 47810 Petaling Jaya, said in his speech at an agreement including a swimming pool the size ceremony at BSP21 on Jan 14. cial officer Mohd Helmi Mohd Selangor, Malaysia signing ceremony between Aspen of 19 badminton courts as well as a Also at the event were Selangor Yusof and Kuala Langat district Vision City and Kerjaya Prospek Sdn 66,000 sq ft, four-level clubhouse. Menteri Besar Datuk Seri Amirudin offi cer Mohd Jusni Hashim. Bhd earlier this week. The project has a gross develop- Shari, founder and advisor of Malay- In his speech, Amirudin urged EdgeProp.my According to Jagdeep, some ment value of RM1.4 billion. sia Book of Records Tan Sri Danny developers to provide competitive Managing Director/Editor-in-chief 30,000 affordable housing units “Our entry into the Malaysia Ooi and its chief operating officer products and services to attract Au Foong Yee have been built and another 30,000 Book of Records is testament of our Christopher Wong, Selangor State buyers and enhance the state’s EDITORIAL units are under construction. commitment to strive to build sus- secretary Datuk Mohd Amin Ahmad living environment quality. Executive Editor Sharon Kam Assistant Editor Tan Ai Leng Deputy Chief Copy Editor Kg Baru develop- James Chong ment plan can be a new off er of RM1,000 psf as the vehicle that will be set up to facili- from a low base after an 18% y-o-y Copy Editor final price for buying over land tate the redevelopment. contraction in 2018. Arion Yeow ˎ nalised by June Senior Writer in Kampung Baru compared with “Sustained revenue growth and Rachel Chew The Federal Territories Ministry RM850 psf earlier. RM150 psf of the a slow recovery in profi t margins Writers Slow recovery for Natalie Khoo, Shawn Ng, Khalid Abdul Samad is optimistic purchase price would be paid in the property sector in should drive core EPS growth of 7% Chin Wai Lun, Chelsey Poh that the Kampung Baru Develop- form of stakes in a special purpose y-o-y in 2020,” the research house Art Director Sharon Khoh 2020 — Afˎ n Hwang Senior Designer Jun Kit ment Plan can be fi nalised by June said, noting that the moderate net Designer Rajita Sivan this year, based on feedback re- Get BREAKING Investment gearing level will allow most de- For New Launches/Events/ ceived from landowners. PROPERTY Affi n Hwang Investment Bank Bhd velopers to weather the current Press Releases/News Tips Khalid said the Kampong Bharu NEWS delivered expects property demand to see a industry slowdown. email: [email protected] Development Corp has held small slow recovery in 2020 given the af- Affi n Hwang further noted that Tel: (03) 7721 8211 Fax: (03) 7721 8280 to you daily via group meetings with nearly 50% of WhatsApp! fordability issues and weak market most property developers will re- ADVERTISING & MARKETING the 5,374 landowners in Kampung sentiment. port weaker sales in 2019 with few- Associate Account Director, TO SUBSCRIBE Advertising & Marketing Baru. “Of that, 97% said they are According to the research er new property launches. Heidee Ahmad (019) 388 1880 ready to sell their lots to pave the 1. Add +6018 290 2116 house, market conditions remain However, the Home Ownership Senior Account Managers to your contact Ian Leong (012) 359 1668 way for the Kampung Baru Devel- challenging. Campaign stamp-duty waiver ex- Cecilia Too (012) 319 7666 opment Plan,” he told reporters list as EdgeProp “We expect sector core earn- tension to the end of 2019 sup- Account Manager recently. News. Or scan ings per share (EPS) to rebound ported the recovery in housing Joane Tan (012) 377 2885 The government had announced this QR code. 6% year-on-year (y-o-y) in 2019E demand. Marketing Support & Ad Trafˎ c 2. Send us a WhatsApp with Madeline Tan (03) 7721 8218 email: [email protected] "NEWS" and your full trending name in the message. How do I get past issues of this weekly pullout? BUSINESS DEVELOPMENT Manager Go to www.EdgeProp.my to download for free Nimalen Parimalam (014) 324 3193 now AGENCY SALES Sales Manager Stannly Tan (012) 538 1687 If you have any real estate-related events, email us at [email protected]. LAUNCHES + EVENTS Events listed here will also appear on www.EdgeProp.my. PRODUCT DEVELOPMENT & CUSTOMER ADVISORY Senior Manager Elizabeth Lay (012) 512 1687 Blossoming New carnival. Many exciting activities Auspicious Chinese Associates Year 2020 await including pop music, New Year Celebration Omar Nawawi (012) 537 1687 Nazrin Hakimin (017) 368 6061 Date: Jan 18 & 19 (Sat & Sun) kids’ colouring, Lego games, Date: Feb 2 (Sun) Time: 11am to 8pm face painting and, of course, an Time: 11am to 3pm For enquiries and listings Venue: Sunsuria Forum @ 7th abundance of delicious food. Venue: Setia Warisan Tropika email: [email protected] Tel: (03) 7733 9000 Avenue, No. 1, Seksyen U13, Jalan RSVP to get free food vouchers. Welcome Centre, KIP Sentral, Setia Dagang AL U13/AL, Setia G-41 Tingkat Bawah, Jalan EdgeProp.my pullout is published by The Edge Property Sdn Bhd. It is Alam, Shah Alam, Selangor Warisan Sentral 1, Kota available with The Edge Financial Shanghai Street at Contact: (03) 6145 7777 Warisan, Sepang, Selangor Daily every Friday. The pullout Gamuda Gardens is also distributed at more than Bazaar, workshops, performances, Contact: (03) 806 200 ofˎ ces, shopping complexes, Date: Jan 18 & 19; Feb and a giant eight-meter lou sang 2552/2553/2557/2558 condos, medical centres and F&B outlets in the Klang Valley. You can 8 & 9 (Sat & Sun) are in store for visitors to the Join S P Setia Bhd for a also download it for free at Time: 3pm to 9pm Chinese New Year festive event weekend at Setia Warisan www.EdgeProp.my Venue: Gamuda Gardens organised by Sunsuria Bhd. There Chinese New Year Tropika to celebrate the Lunar Experience Gallery, Persiaran will also be free face painting and Celebration at New Year 2020 and enjoy Th e Edge Malaysia Gamuda Gardens 1, Bandar rainbow calligraphy giveaways. Sanctuary Mall good food and great company. Publisher and Group CEO Gamuda Gardens, Kuang, Date: Jan 18 (Sat) Event highlights include God Ho Kay Tat 48050 Selangor Sky Meridien Food Time: 10am to 10pm of Prosperity appearance, Contact: (03) 6037 2888 Truck Carnival Venue: Sanctuary Mall@ acrobatic lion dance and yee EDITORIAL Experience Old Shanghai at the Date: Jan 18 (Sat) Eco Sanctuary, Persiaran sang toss. RSVP your attendance Editor-in-chief Azam Aris CORPORATE bazaar organised by Gamuda Time: 12pm to 5pm Eco Sanctuary, 8/3, Eco through phone or register via Chief Operating Ofˎ cer Land held in conjunction with Venue: SkyWorld Gallery @ Santuari, 42500 Selangor setiawarisantropika.house. Lim Shiew Yuin the Lunar New Year. Visitors Sentul, Jalan 1/48a, Bandar Contact: (03) 8688 2552 ADVERTISING & MARKETING Chief Commercial Ofˎ cer can enjoy the gorgeous Cherry Baru Sentul, Kuala Lumpur Mark your calendar to join Sharon Teh (012) 313 9056 Blossom Tunnel and fun Contact: (03) 4031 6768 EcoWorld in celebrating the General Manager activities such as the Gold Be sure to Lunar New Year at this event Fong Lai Kuan (012) 386 2831 Bar lift challenge, kids’ art come with an where you can have your palm Senior Sales Manager Gregory Thu (012) 376 0614 contest, acrobatic lion dance empty stomach read, a free haircut, a CNY- Head of Marketing and mask changing show as to SkyWorld’s themed manicure and other Support & Ad Trafˎ c well as food and beverage from Sky Meridien to activities.
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